By Williamson H.B. No. 2157 75R7089 DAK-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to reporting under the sales and use tax the value of 1-3 certain tickets to an amusement service purchased for resale. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Subchapter I, Chapter 151, Tax Code, is amended 1-6 by adding Section 151.432 to read as follows: 1-7 Sec. 151.432. DEDUCTIONS OF TAX ON TICKET OR ADMISSION 1-8 DOCUMENT TO AMUSEMENT SERVICE. (a) A reseller of a ticket or 1-9 admission document to an amusement service may deduct from taxable 1-10 sales reported the adjusted value of the ticket or admission 1-11 document purchased for resale from a non-permitted purchaser of the 1-12 ticket or admission document if: 1-13 (1) the taxes imposed by this chapter were paid by the 1-14 purchaser and the purchaser does not hold a permit issued under 1-15 this chapter; 1-16 (2) language on the ticket or admission document 1-17 purchased for resale states that all taxes have been included in 1-18 the price of the ticket or admission document; 1-19 (3) the ticket or admission document for which a 1-20 deduction is claimed was not purchased tax-free by use of a resale 1-21 or exemption certificate; and 1-22 (4) the ticket or admission document is actually 1-23 resold. 1-24 (b) The reseller's books and records must be kept in 2-1 accordance with the requirements of Section 151.025 and must: 2-2 (1) identify the non-permitted purchaser; 2-3 (2) document the face value of any ticket or admission 2-4 document purchased by a non-permitted purchaser; 2-5 (3) document that sales tax was included in a ticket 2-6 or admission document purchased by a non-permitted purchaser; 2-7 (4) document the sale of the ticket or admission 2-8 document; and 2-9 (5) account for any remaining inventory of unsold 2-10 tickets or admission documents. 2-11 (c) The reseller may satisfy Subsection (b)(3) by retaining 2-12 a reproduction of a ticket or admission document to the amusement 2-13 service. 2-14 (d) In this section, "adjusted value of a ticket or 2-15 admission document" means the face value of the ticket or admission 2-16 document, less the included state or local sales or use taxes. 2-17 SECTION 2. This Act takes effect October 1, 1997. 2-18 SECTION 3. The importance of this legislation and the 2-19 crowded condition of the calendars in both houses create an 2-20 emergency and an imperative public necessity that the 2-21 constitutional rule requiring bills to be read on three several 2-22 days in each house be suspended, and this rule is hereby suspended.